Amazon will not pay income tax despite having a good year. When the financial value of the company, which carries out huge operations around the world, is talked about, billions of dollars are calculated. This year, as we know, the company is in revenue in Europe, according to the announced reports. a serious increase aforementioned. Despite this, Amazon seems to be exempt from income tax. The reason for this is the kind that will allow us to understand once again how big operations the company is running.
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Amazon is also exempt from most of the taxes this year
Why is it so often, despite the e-commerce giant’s revenue is tax free we hear. Strange news can come from both the European Union and the state institutions of the countries themselves. Although the company has increased its sales by $55 billion in the past year, it is exempt from income tax this year. The company’s EU Sarl market sales increased by 17%is also reported. But for the company’s EU countries more than 50 new site According to the same report, the income tax will not make Jeff Bezos think this year, since the company has opened a bankruptcy.
The statement made by one of the company’s spokespersons to Bloomberg states that the company has already paid billions of dollars in corporate tax. It is also shown that all financial flow-related reports are reported to the countries, and that the company incurs losses due to EU investments.
The European Union isn’t always so soft on Amazon. In 2017, the EU declared that the company entered into a cooperation with states dating back to 2000. 250 million euros He sent a tax invoice. Amazon is still adamantly against this bill protests. We don’t think we’ll see who will have the last laugh anytime soon.